Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $18,760. 2. Cash balance according to the bank statement at July 31, $19,910. 3. Checks outstanding, $3,810. 4. Deposit in transit, not recorded by bank, $3,060. 5. A check for $270 in payment of an account was erroneously recorded in the check register as $720. 6. Bank debit memo for service charges, $50. Journalize the entries that should be made by the company, part (A) Error and part (B) Service Charge. a. July 31 Petty Cash X_ 19,910 X Accounts Payable 3,060 x b. July 31 Accounts Payable x_. 18,760 X Cash Short and Over X 450 X